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Internet of Things Trends To Watch in 2014
Internet of Things Trends To Watch in 2014
January 2014
Internet of Things:
Trends To Watch In 2014
A HorizonWatching Community Trend Report (Summary Version)
HorizonWatching Community
Note: This presentation represents my own personal thoughts and ideas.not those of my employer.
- Bill Chamberlin, http://www.billchamberlin.com/
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Table of Contents
1. Trends to Watch in 2014
2. What Others Are Saying About Internet of Things for 2014
3. Additional Resources
Jan 2014
2014 HorizonWatching
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HorizonWatching Community
Table of Contents
1. Trends to Watch in 2014
2. What Others Are Saying About Internet of Things for 2014
3. Additional Resources
Jan 2014
2014 HorizonWatching
Creative Commons Attribution License
HorizonWatching Community
Jan 2014
2014 HorizonWatching
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HorizonWatching Community
Jan 2014
2014 HorizonWatching
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HorizonWatching Community
Internet-of-Things (IoT)
provides the foundational
infrastructure for a smarter
planet, and offers significant
growth opportunities in IT,
infrastructures and services
IBM (link)
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Table of Contents
1. Trends to Watch in 2014
2. What Others Are Saying About Internet of Things for 2014
3. Additional Resources
Jan 2014
2014 HorizonWatching
Creative Commons Attribution License
HorizonWatching Community
The Internet of Things (IoT) represents a new construct in the information and
communications technology (ICT) world that is occupying the minds of IT vendors, service
providers, and systems integrators as it represents huge potential for new streams of
revenue and new customers. IDC (link)
The Internet of Things represents an evolution in which objects are capable of interacting
with other objects. Hospitals can monitor and regulate pacemakers long distance, factories
can automatically address production line issues and hotels can adjust temperature and
lighting according to a guest's preferences, to name just a few examples. IBM (link)
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IoT technology and services spending to generate global revenues of $4.8 trillion in 2012
and $8.9 trillion by 2020, growing at a compound annual rate (CAGR) of 7.9%. IDC (link)
Economic value-add (which represents the aggregate benefits that businesses derive
through the sale and usage of IoT technology) is forecast to be $1.9 trillion across sectors in
2020. The verticals that are leading its adoption are manufacturing (15 percent), healthcare
(15 percent) and insurance (11 percent).. Gartner (link)
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The Internet of Things will require new approaches for CIOs and new
skills for IT professionals
The converging Nexus of Forces and the Internet of
Things are creating the digital industrial economy. In 2014,
CIOs must embrace and help lead this transformation.
Doing so will require novel approaches and radical new
thinking combined with unwavering attention to
operational performance. Gartner (link)
As it becomes easier and easier to design and develop
smart systems, competitive differentiation will shift away
from unique, vertically focused product features towards
how the product is actually used and how the product
fosters interactions between and among users in a
networked context. Harbor Research (link)
While CIOs recognize the importance of the right staff to enterprise success, they are
finding it increasingly difficult to find skilled talent in the locations they require, for a price
they can afford. - IDC (link)
Survey found that 51 percent of CIOs are concerned that the digital torrent is coming
faster than they can cope and 42 percent don't feel that they have the talent needed to
face this future. - IDC (link)
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There are many other related terms around the IoT Trend topic
Machine to Machine (M2M)
Machine to machine (M2M) refers to technologies
that allow both wireless and wired systems to
communicate with other devices of the same ability.
M2M uses a device (such as a sensor or meter) to
capture an event (such as temperature, inventory
level, etc.), which is relayed through a network
(wireless, wired or hybrid) to an application
software program), that translates the captured
event into meaningful information (for example,
items need to be restocked). Wikipedia (link)
Sensor
A sensor is a converter that measures a physical quantity and converts it into a signal which can be
read by an observer or by an (today mostly electronic) instrument. Wikipedia (link)
Wireless Sensor Network
A wireless sensor network (WSN) of spatially distributed autonomous sensors to monitor physical or
environmental conditions, such as temperature, sound, pressure, etc. and to cooperatively pass their
data through the network to a main location. The more modern networks are bi-directional, also
enabling control of sensor activity. Wikipedia (link)
Ubiquitous Computing
Ubiquitous computing (ubicomp) is a post-desktop model of human-computer interaction in which
information processing has been thoroughly integrated into everyday objects and activities.
Wikipedia (link)
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Source: Gartner
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Table of Contents
1. Trends to Watch in 2014
2. What Others Are Saying About Internet of Things for 2014
3. Additional Resources
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Note: This presentation represents my thoughts and ideas.not those of my employer. Follow me
for more technology trend information on my public blog - HorizonWatching at
www.billchamberlin.com. Thanks, Bill Chamberlin
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http://www.billchamberlin.com/reports-books/
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